Office Property for Sale - Medical Office - Lewisville, Texas 100% Leased

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For Sale

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21,664 SFAvailable Space
21,664 SFDivisible Space
2.002 AcresLand Size Acres
87,207 SFLand Size SF

Available Comments

The NOI to look at is next year's when the SEVA 10-year leaseback kicks in. On page 26 you can see current T1 revenue and Year 1 Pro Forma Revenue (that reflects SEVA income across all of their suites). The NOI is $549k given the fact that the new owner will be collecting the reimbursements. Price guidance is 5MM+.

Availability Highlights

100% Leased
10% - 11% Cap Rate
Fairly New Construction

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Site Details

APN Number: R237509
Census: 21619
Legal: WATERS RIDGE PH 2 BLK I LOT 2C-R1

Building Details

Construction Status: Existing
Primary Use: Office
Year Built: 2001
Unit Mix

Loading & Doors

Doors